A confluence of events could lead to increased food scarcity in 2023, with knock-on effects for prices and an increase in the attractiveness of controlled environment production in hot countries.
A renewed focus on the importance of diet and nutrition, as well as enthusiasm for more sustainable crop inputs and alternative materials, continue to provide opportunities for agtech investors.
Roc Partners’ Longriver Farms has sold grain storage and handling business Emerald Grain less than two years after acquiring it from Sumitomo Corporation.
The Premium Food Fund has made five investments to date and is 40% committed, with another two or three deals over the next two years set to take it to full deployment.
'Agriculture and food production is way behind other industries in terms of technology adoption, but disruption is now coming in fast,' says Alastair Cooper of ADM Capital.